Which mutual funds gained and lost most in 2026?

Small-cap mutual funds performed the best in 2026, giving average returns of 13.5%, the highest among diversified equity fund categories. Mid-cap and multi-cap funds gained 2.9% and 2.4%, respectively. Large-cap funds fell 7.1% on average, while contra funds dropped 7% and value funds declined 3.3%, making them the weakest performers during the year.